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A small oil slick was found near the shores of Sevastopol on the south western coast of Crimea on 3 January, [50] approximately 155 miles (249 kilometres) from the Kerch Strait; [51] a regional emergency was declared on 4 January by Mikhail Razvozhaev, the regional governor, after four patches of oil were found on beaches in the area; [52] by 8 ...
FSO Safer (pronounced "saffer" / ˈ s æ f ər /) [1] is a floating oil storage and offloading vessel that is moored in the Red Sea north of the Yemeni city of Al Hudaydah.. Prior to being emptied, the ship held more than 1.14 million barrels of oil.
FRANKFURT, Germany (AP) — The Group of Seven democracies have sought to crimp Russia's oil export earnings that help fund the war against Ukraine. But Western governments and sanctions experts say Moscow has resorted to using a so-called shadow fleet of hundreds of aging tankers of uncertain ownership and safety practices that are dodging sanctions and keeping the oil revenue coming.
(Reuters) - U.S. President Joe Biden will ban new offshore oil and gas development along most U.S. coastlines, a decision that President-elect Donald Trump, who has vowed to boost domestic energy ...
(Reuters) - President Joe Biden is set to ban new offshore oil and gas development across 625 million acres (250 million hectares) of U.S. coastal territory, Bloomberg News reported on Friday. The ...
OPEC+ faces a major oil oversupply in 2025, challenging production increases. The coalition has tried to boost oil prices by holding back output. Instead, members are ceding control to non-OPEC ...
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